CASE STUDY Hewlett Packard Hewlett Packard was founded in 1938 in Palo Alto California. William Hewlett and Dave Packard, policy-making machinedinal Stanford University graduates, started the corporation with an investment of $538 and the rental of a one cable car garage. Hewlett Packard is a technology social club that provides products, technologies, software, solutions and services to individual consumers, small-and medium-sized business(SMBs) and big enterprises, including customers in the government, health and education sectors (pg3, HP annual report). Hewlett and Packard started the company with an investment of $538 and the rental of a one car garage. Their first marketable product is an audio oscillator which they are able to reassign ten units to the Walt Disney Company. By 1942, the company has bad to eight employees and is magna cum laude $522,803 (Hewlett Packard website). In 1947, the company incorporates and has moved into its own building. Hp has braggy to 111 employees , which they encourage to be innovative above all. With the invention of the frequency counter in the 1950s, HP travel tos a soar up in their receipts . The company goes public, moves into a larger headquarters, and goes global. By the end of the 50s, HP has 1,778 employees and is worth $28 million.
During the1960s and 1970s, Hewlett Packard continues to see tremendous growth. The company has produced several inventions such as the nuclear clock which revolutionized the accuracy of time roughly the world. Hp as well puts out its first c alculator, pocket calculator, Japanese chara! cter calculator, and in the flesh(predicate) computer. For the, for the first time, makes the fortune 500 careen and overseas revenue soars to exceed that in the United States. By the end of the 70s, the company is estimated to be worth a whopping $2.4 million with roughly 52 thousand employees around the world! By the 1980s, 1990s,and to the present time, demands for technology has exploded. Hewlett Packard is one of the...If you ask to get a full essay, order it on our website: OrderCustomPaper.com
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